OPPORTUNITY KNOCKS IN NEW BEDFORD! Don’t miss this 2.1-acre corner vacant lot with endless potential! Situated at the highly visible intersection of Acushnet Ave & Nye’s Lane,this prime mixed-use property boasts high traffic counts & excellent density. The new Commuter Rail Depot is minutes away. Conceptual plans are ready for 36 condos/apartments in 3 buildings or a 17,400 sq. ft. commercial building,offering incredible investment & business opportunities! The flat land is perfect for development, with ample parking & easy access to major highways.This bustling location serves as a gateway to Acushnet, Fairhaven, and New Bedford’s north end. Sellers have already met with the New Bedford Zoning Task Force, receiving favorable feedback on development proposals. Whether you envision a multi-family complex, retail space, or a combination, this site is primed for success. Act now to secure this rare opportunity in a thriving area! Renderings and proposals available—let’s make it happen!
3388A Acushnet Ave, New Bedford, (Far North), MA, 02745
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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